🚨 SCAM ALERT: HMSTR Token Market Maker Arrested – Major Crypto Fraud Uncovered!

‼️ Breaking News: Gotbit CEO Alexey Andryunin has been arrested in Portugal at the request of the FBI, facing extradition to the United States. This comes after widespread allegations of crypto fraud involving Gotbit Hedge Fund, the market maker for the Hamster Kombat (HMSTR) token.

🐹 HMSTR Token Impact:

Yesterday, the HMSTR token fell -11% as news of the arrest spread, sending shockwaves through the market.

🔍 Charges:

The United States has filed charges against three companies and 15 individuals in connection with crypto fraud, including Gotbit, ZM Quant, and CLS Global. This crackdown resulted in:

Four arrests

Five plea deals

$25 million in cryptocurrency seized

📉 FBI Operation Sting:

The FBI conducted an undercover operation, creating a token called NexFundAI on the Ethereum blockchain. They contacted several market makers (MMs), and in private calls, MM employees revealed their manipulative trading algorithms to inflate volume and create multiple fake addresses to simulate organic token growth.

🚨 Key findings:

The FBI classified these activities as:

"Wash Trading"

"Spoofing Trading"

"Market Manipulation"

"Artificially Inflating Trading Volume"

These serious charges could result in up to 20 years in prison for those involved.